Search results
Results from the Tech24 Deals Content Network
On February 11, 2021, Kraft Heinz announced its Q4 2020 and full-year results, resulting in 6.2 percent increased sales and over $26 billion in revenue. [44] The same day, Kraft Heinz announced their plans to sell its nuts business, including the Planters brand to Hormel for $3.35 billion. [45] The transaction was completed on June 7. [46]
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
Kraft Foods Group, Inc. was an American food manufacturing and processing conglomerate, [2] split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July 2, 2015.
Kraft Heinz (NASDAQ: KHC) owns some of the most iconic food brands in the world, including both of its namesakes. But the company's portfolio, as with many of its competitors, has become bloated ...
Kraft Heinz Foods Co., the maker of Kraft Mac & Cheese, Lunchables and Jell-O, has agreed to pay an $8,000 fine after Iowa officials discovered its Muscatine plant failed to report the pollution ...
On October 25, 2013, fast-food chain McDonald's announced it would end its 40-year relationship with Heinz, after the former Burger King, McDonald's competitor, chief Hees became CEO of Heinz. [41] On March 25, 2015, Kraft Foods Group Inc. announced that it would merge with the H. J. Heinz Company, owned by 3G Capital and Berkshire Hathaway Inc ...
The Federal Trade Commission’s (FTC) crackdown on fabricated reviews and fake consumer and celebrity testimonials has produced new official federal regulations to prevent the use of these ...
Shares of Kraft Foods were first offered to the public via an initial public offering in 2001. Altria Group (formerly Philip Morris) spun off remaining shares of Kraft Foods to Altria shareholders in 2007. On November 4, 2015, owner Kraft Heinz announced it would move the Oscar Mayer headquarters and the company's U.S. meats business from ...